Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$92K - $237K
- Units as of 2020
108 22% over 3 years
Here’s what you need to know if you’re interested in opening a Pinot's Palette franchise.
Pinot's Palette is a paint and sip studio founded in 2009 by Craig Ceccanti, Charles Willis, and Beth Willis. The brand offers painting lessons in a step-by-step demonstration to help customers create masterpieces in a fun and exciting way. Customers bring beverages, wine, and cocktails to classes, and Pinot's Palette also offers fun activities such as karaoke and dancing.
The company started franchising in 2010. Currently, there are more than 100 franchise locations across the United States and Canada. Its headquarters are in Houston, Texas.
Why You May Want to Start a Pinot's Palette Franchise
Wine painting class studios have become very popular as recreational and fun places to spend quality time with friends and family. With most classes running in the evening, customers from stay-at-home moms, to working women, to couples spending their date sipping wine and painting flock to the studios.
Pinot’s Palette franchisees get exclusive support and training from the parent company. As a franchisee, you get to be your boss without the risks involved in starting a new business from scratch. You acquire an existing concept well-known to customers and a brand they connect to and enjoy.
The parent company provides art supplies to their franchisees to ensure quality products at competitive prices.
Is a Pinot's Palette Franchise a Good Choice?
Pinot's Palette offers its customers a variety of fun options. The different options include:
Studio painting sessions
Paint parties with children camps
Sip and paint activities at weddings
Team-building sessions with businesses
Fun games and leisure contests at schools
The company also offers virtual franchise opportunities, where customers pay for online painting sessions from the comfort of their homes.
You'll want to make sure you have enough capital available to start your paint and sip studio. The franchisor offers in-house financing to cover the franchise fee if franchisees qualify. They also offer financing options through third-party lenders to cover startup costs, equipment, inventory, and payroll. If you are a veteran, Pinot's Palette may offer a discount on the initial franchise fee.
A company representative will help you set up a marketing strategy, provide marketing materials, set up a company website and social media page. Pinot's Palette also enables you to recruit well-trained instructors to ensure your team provides quality classes to customers.
How To Start a Pinot's Palette Franchise
The first step towards opening a Pinot’s Palette franchise is filling out and submitting a franchise request form. A company representative may contact you to answer your franchising questions and outline the requirements to become a franchisee. At this point, you will be given the Franchise Disclosure Document to get a comprehensive picture of your options.
You will submit your financial statements to gauge your financial abilities as an aspiring franchisee. After approval, you will pay the franchise fee and sign the agreements. You will be given a corporate tour at the headquarters to polish your paint and sip industry knowledge.
The next step with Pinot's Palette is selecting a suitable location for your franchise. You and your team will get studio training in your new studio to perfect the business model and skills to Pinot's Palette standards. Finally, you will be given a company-assisted grand opening, which will mark the beginning of your paint and sip franchise.
About Pinot's Palette
- Franchising Since
- 2010 (12 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US states:
- # of Units
- 108 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Pinot's Palette franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $92,400 - $237,300
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% rebate on franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Pinot's Palette offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Pinot's Palette has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 81 hours
- Classroom Training
- 117 hours
- Additional Training
- Additional training as needed
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesNational MediaMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Pinot's Palette? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Pinot's Palette landed on this year’s Franchise 500 Ranking versus previous years.
Are you eager to see what else is out there? Browse more franchises that are similar to Pinot's Palette.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The Great Resignation Has Drawn Millennials to Franchising. Here's Why We Must Transform the Business Model.
As The Great Resignation continues to transform the professional landscape, the franchise industry must be ready to receive and grow a new and diverse demographic of leadership.
The top commercial real estate firms according to our 2022 rankings.
The top conventions, expos and conference events in the franchise world.
Here are five practical ways to empower millennial and Gen Z team members to do their personal best for your business.